The afternoon Bitcoin continues its strong momentum, rising from around 68,500 to approximately 71,200, reaching a new high for this rebound. Our early morning long positions on Bitcoin regrettably hit stop-loss, with a loss of over 1,500 points. Ethereum long positions also hit stop-loss, with a loss of over 40 points. Currently, the price has slightly retraced to around 70,600 and is consolidating. The short-term bullish momentum is weakening, and a pullback is gathering.
From the four-hour chart perspective, this rally from the low of 65,800 up to 71,200 has accumulated a gain of over 5,400
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